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Perkins v. Arnold (In re Arnold)

Perkins v. Arnold (In re Arnold)

Ruling
Transfer of multiple tracts of property to prevent creditors from securing judgment was grounds for denial of discharge.
Procedural posture

Plaintiff creditors sought to deny the chapter 7 debtor a bankruptcy discharge pursuant to 11 U.S.C.S. § 727(a)(2), claiming that the debtor transferred property of the estate within one year prior to filing his bankruptcy petition, with the intent to hinder, delay, or defraud them. They also asserted that he violated N.C. Gen. Stat. § 75-1.1 et seq., by committing unfair and deceptive trade practices.

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Consumer opinion summary, case decided on December 30, 2009 , LexisNexis #0210-092